$4,088,000Asking Price
RARE DEVELOPMENT Opportunity on an approximately 100'x 300'lot (Aprox area 30,000 Sq ft) with Split R1/R6 Zoning. Property ideal for builders, developers, and land investors seeking future redevelopment or severance potential. Existing dwelling is being sold in "as is, where is" condition. Buyer to verify all zoning, permitted uses, lot creation, redevelopment potential, servicing capacity, and municipal approvals independently. Survey, zoning information, and other due diligence materials to be provided if available. Note similar properties on both sides Developed the existing town home complexes. Relevant Development documents and correspondence with the town and TRCA etc. on file. Survey on file (2018. A rare opportunity to acquire a premium-sized parcel in one of Richmond Hill's most desirable and evolving neighbourhoods. Please Do not enter the property without a confirmed showing.
RARE DEVELOPMENT Opportunity on an approximately 100'x 300'lot (Aprox area 30,000 Sq ft) with Split R1/R6 Zoning. Property ideal for builders, developers, and land investors seeking future redevelopment or severance potential. Existing dwelling is being sold in "as is, where is" condition. Buyer to verify all zoning, permitted uses, lot creation, redevelopment potential, servicing capacity, and municipal approvals independently. Survey, zoning information, and other due diligence materials to be provided if available. Note similar properties on both sides Developed the existing town home complexes. Relevant Development documents and correspondence with the town and TRCA etc. on file. Survey on file (2018. A rare opportunity to acquire a premium-sized parcel in one of Richmond Hill's most desirable and evolving neighbourhoods. Please Do not enter the property without a confirmed showing.
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Langstaff, Richmond Hill is a north GTA neighbourhood notable for its singles, renters, university grads and business, science and education, law & public sector professionals. It has a higher than average population of immigrants, particularly those recently arrived from Iran and those from Iran, China and Hong Kong, and Cantonese, Mandarin and Persian speakers. Residents tend to be younger with a significant number of adults aged 25 to 49.
Kids Per Family
1.1
kids per family
in the neighbourhood.
43%
of residents are
single and loving it.
43% singles
Richmond Hill (39%)
23%
of residents
are renters.
23% renters
Richmond Hill (19%)
59%
of residents are
university grads.
59% university grads
Richmond Hill (54%)Average Household Income
$109K
is the average household
income in the neighbourhood.
Professions
| Business | 13% |
| Sales | 12% |
| Sciences | 11% |
| Management | 8% |
| Government | 8% |
68%
of residents were
born outside of Canada.
68% immigrants
Richmond Hill (59%)14.1% from China
All-time
6.0% from China
Recent
Foreign Languages
| Cantonese | 16% |
| Mandarin | 15% |
| Persian | 14% |
| Korean | 5% |
| Russian | 4% |
Religions
| Christian | 41% |
| Muslim | 13% |
| Buddhist | 5% |
| Jewish | 3% |
| Hindu | 2% |